Legal Question in Bankruptcy in Florida
What should we do?
We have an 80/20 mortgage being held by two different banks. Both loans are interest only. My husband and I are both working, but not making enough to pay $2100 mortgage payment, other bills and household bills. Are now 3 months behind on mortgage payments and struggling to keep up with other bills. We are considering bankruptcy. Any advice?
Asked on 6/01/09, 8:32 pm
1 Answer from Attorneys
Paul Daley
Daley Law
Re: What should we do?
You should talk with a bankruptcy attorney to determine if you can strip the second mortgage in a chapter 13.
Answered on 6/02/09, 10:09 am
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